Family Enterprise Boards, Short Course | Northwestern University | Evanston, United States
8 days
Duration
13000 USD/full
13000 USD/full
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

The director plays a pivotal role in effectively guiding family owned businesses. The Family Enterprise Boards program, provided by Northwestern University, goes in-depth on the issues that affect current and emerging board members, such as managing the board’s strategic, fiduciary and communication functions.

Overview

The Family Enterprise Boards program provided by Northwestern University is a blend of three different learning modes:

Pre-Program:

  • Establish bonds before your learning begins, aided by a custom participant-profile book, live virtual sessions and a diagnostic tool.

Live Virtual Component: 

  • Virtual half-day sessions on Kellogg’s state-of-the-art interactive platform will establish a foundation for the rest of the program. You’ll be introduced to the core concepts of the program and equipped for the meaningful, productive and transformative in-person experience to come.

Program Diagnostic: 

  • At the end of the live virtual foundation models, each family group will take a diagnostic that identifies family governance priorities. The diagnostic will guide selection of a meaningful family project to apply the concepts from class to address a governance priority for the family.

Family consultation and project: 

  • A three-week period between the live virtual and in-person program modules gives you the time to identify and work on your family project, engaging other family stakeholders in the work as needed. You will have access to a family consultation to gain faculty input on the challenges your family is facing.

In-Person: 

  • An immersive experience where you are encouraged to unplug from work in a university living-learning environment at the James L. Allen Center. Forge deep connections to a global network of peers and engage with faculty formally and informally. Program sessions, meals and supplemental and social activities are face-to-face, giving you the opportunity to focus completely on learning and growth.

Our blended format, scheduled over multiple weeks, allows more time for deeper reflection and exploration. It also gives you the opportunity to share learnings with family members who haven’t enrolled in the program, include them in your consultation, put concepts into practice and spend more individual time working on the group project.

Programme Structure

The program focuses on:

  • Role of the Board in understanding family business strategy.
  • What is different about a Board decision for a family enterprise.
  • Selecting family for Board roles.
  • Linking the Board with the family.
  • Board room etiquette and effectiveness.
  • Different models of the Board’s role in governance.
  • Board best practices in family enterprises.

Key information

Duration

  • Full-time
    • 8 days

Start dates & application deadlines

More details
  • START: October 22 at 8:00 AM; END: November 8 at 12:15 PM

Language

English

Delivered

Blended

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Northwestern University and/or in United States, please visit Student Insurance Portal.

Other requirements

General requirements

This Approval Program is limited to individuals with specific business experience. All applications will be subject to review and approval from the program’s Academic Director.

Tuition Fee

To always see correct tuition fees
  • International

    13000 USD/full
    Tuition Fee
    Based on the tuition of 13000 USD for the full programme during 8 days.
  • National

    13000 USD/full
    Tuition Fee
    Based on the tuition of 13000 USD for the full programme during 8 days.
  • Fee includes lodging and most meals.

Living costs for Evanston

1100 - 1500 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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